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Vietnam and Malaysia agreed to elevate ties and explore closer cooperation to maintain peace in the South China Sea, after a complaint from Malaysia raised tensions over the contested waters.
A little-known Turkish holding company completed its second acquisition of a fuel retailer within months, extending a push by independent firms into a tightly regulated market that oil majors BP Plc and TotalEnergies SE have left.
Falling oil prices and an impending period of over-supply could create the perfect opportunity to toughen sanctions on Russian supplies to the point where they actually start to bite into the Kremlin’s war chest, writes Bloomberg oil strategist Julian Lee.
The COP29 UN climate summit released a first draft deal Thursday which puts at least $1 trillion of financing on the table, yet key details on where that money will come from still need to be ironed out.
For years, Israelis were told that in the next war with Hezbollah, the Lebanese militia would fire thousands of rockets and missiles a day, overwhelming their air defenses, causing blackouts, death and destruction.
Fresh troubles at the Adani Group are posing a threat to US-based GQG Partners LLC, which took a contrarian bet on the conglomerate after a short-seller attack last year.
Car sales in Europe are flatlining, leading manufacturers including Ford Motor Co. and Volkswagen AG to push for cost cuts in response to muted demand.
Chinese Premier Li Qiang is expected to meet with top foreign executives on Monday ahead of a supply chain expo in Beijing, just as companies brace for Donald Trump’s threat to hike tariffs on Chinese goods.
US prosecutors have charged billionaire tycoon Gautam Adani with involvement in a plan to pay more than $250 million in bribes to government officials in India for solar energy contracts, a move that stands to further roil his ports-to-power conglomerate. Here are some of the highlights from the 54-page indictment.
Chris Ellison, the managing director and founder of Mineral Resources Ltd., told shareholders that he deeply regretted actions that have been revealed in recent weeks, including not paying personal tax.
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:
China’s abundance of coal is likely to forestall power outages and suppress prices, even as the country heads into what’s typically a peak season for consumption.
As the worst air pollution in years descended on India’s capital this week, the country’s health minister was not in New Delhi coordinating a response. Instead, he was 800 miles away, campaigning in a state election.
Marine issues are receiving little attention at the United Nations conference, so ocean activists are aiming to include measures in countries’ official green targets.
Saudi Arabian Oil Co. plans to take on more debt and will focus on “value and growth” for its dividend, the company’s finance chief said.
Iceland is facing its seventh volcanic eruption in less than a year as lava is again gushing from the ground near a devastated southwestern fishing town.
